Understanding your risk tolerance is crucial in shaping your investment strategy. Assess how much risk you are willing to take based on your financial situation and investment goals. By aligning your investments with your risk tolerance, you can create a balanced portfolio that suits your financial aspirations and comfort level. Remember, Week 4 covered the essential concepts of risk and return.

You can take a free quiz to see which risk tolerance level you are currently at: https://checkfirst.ca/resources/quizzes/whats-your-risk-tolerance/